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Earnings Preview: Interpublic Gr of Cos

Author: Benzinga Insights | February 07, 2024 02:00pm

Interpublic Gr of Cos (NYSE:IPG) is set to give its latest quarterly earnings report on Thursday, 2024-02-08. Here's what investors need to know before the announcement.

Analysts estimate that Interpublic Gr of Cos will report an earnings per share (EPS) of $1.13.

Interpublic Gr of Cos bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.03, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Interpublic Gr of Cos's past performance and the resulting price change:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.73 0.60 0.34 1.01
EPS Actual 0.70 0.74 0.38 1.02
Price Change % -2.98% -13.32% 1.48% 0.03%

eps graph

Stock Performance

Shares of Interpublic Gr of Cos were trading at $32.99 as of February 06. Over the last 52-week period, shares are down 12.86%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Interpublic Gr of Cos visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: IPG

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